500790

- Nestlé India Limited acquired a 26% equity stake in Radiance KA Sunshine Seven Private Limited (Radiance KA) for ₹7.61 crores. - The acquisition is for establishing a captive renewable energy power plant to meet power requirements and support sustainability objectives. - Radiance KA's turnover for the financial year ended 31st March 2026 was ₹15.8 crore.

- Nestlé India received an Adjudication Order from Principal Commissioner of Customs, Mundra Port, on Aug 25, 2026. - The order demands customs duty of ₹11.10 Cr, a redemption fine of ₹25 Lakh, and a penalty of ₹50 Lakh, plus interest. - Company states no material impact and plans to challenge the order.

- Nestle India received an adjudication order from the Principal Commissioner of Customs on August 25, 2026. - The order demands customs duty of ₹2.47 Cr plus interest, and a penalty of ₹2.47 Cr, totaling approximately ₹4.93 Cr. - The company states no material impact on financials or operations and plans to challenge the order.

- Concall Schedule - Concall Date: 31st August 2026 - Concall Time: 11:30 A.M. (IST)